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DTC Co (XKRX:066670) Cyclically Adjusted PB Ratio : 0.51 (As of May. 19, 2024)


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What is DTC Co Cyclically Adjusted PB Ratio?

As of today (2024-05-19), DTC Co's current share price is ₩4950.00. DTC Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩9,771.36. DTC Co's Cyclically Adjusted PB Ratio for today is 0.51.

The historical rank and industry rank for DTC Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKRX:066670' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.62   Max: 1.24
Current: 0.51

During the past years, DTC Co's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.38. And the median was 0.62.

XKRX:066670's Cyclically Adjusted PB Ratio is ranked better than
85.97% of 1867 companies
in the Hardware industry
Industry Median: 1.65 vs XKRX:066670: 0.51

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

DTC Co's adjusted book value per share data for the three months ended in Dec. 2023 was ₩10,241.632. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₩9,771.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DTC Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DTC Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DTC Co Cyclically Adjusted PB Ratio Chart

DTC Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.49 1.06 0.48 0.60

DTC Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.67 0.82 0.58 0.60

Competitive Comparison of DTC Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, DTC Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DTC Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DTC Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DTC Co's Cyclically Adjusted PB Ratio falls into.



DTC Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

DTC Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4950.00/9771.36
=0.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DTC Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, DTC Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10241.632/118.8477*118.8477
=10,241.632

Current CPI (Dec. 2023) = 118.8477.

DTC Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 7,029.871 99.253 8,417.720
201406 6,789.083 99.353 8,121.213
201409 7,115.300 99.608 8,489.650
201412 7,384.657 99.098 8,856.380
201503 7,560.701 99.720 9,010.950
201506 7,789.837 100.050 9,253.415
201509 7,997.591 100.110 9,494.509
201512 8,088.263 100.220 9,591.613
201603 8,048.294 100.560 9,511.945
201606 8,088.788 100.790 9,537.988
201609 8,122.914 101.460 9,514.978
201612 8,211.961 101.560 9,609.814
201703 8,232.088 102.850 9,512.540
201706 8,363.861 102.610 9,687.415
201709 8,473.044 103.490 9,730.426
201712 8,433.686 102.990 9,732.248
201803 8,369.496 104.100 9,555.191
201806 8,442.955 104.130 9,636.279
201809 8,505.961 105.650 9,568.518
201812 8,472.721 104.350 9,649.865
201903 8,587.115 104.490 9,767.048
201906 8,759.442 104.880 9,926.006
201909 8,834.974 105.200 9,981.144
201912 8,881.137 105.120 10,040.931
202003 8,785.457 105.540 9,893.229
202006 8,949.517 104.870 10,142.362
202009 9,023.583 106.200 10,098.231
202012 9,053.128 105.765 10,172.925
202103 9,468.577 107.357 10,482.004
202106 9,145.923 107.579 10,103.979
202109 9,278.139 108.759 10,138.779
202112 9,730.566 109.676 10,544.250
202203 10,039.754 111.806 10,672.091
202206 10,019.695 114.083 10,438.188
202209 10,063.560 114.831 10,415.548
202212 10,085.757 115.200 10,405.095
202303 10,179.859 116.550 10,380.583
202306 10,152.895 117.140 10,300.916
202309 10,249.427 119.111 10,226.753
202312 10,241.632 118.848 10,241.632

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


DTC Co  (XKRX:066670) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


DTC Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of DTC Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


DTC Co (XKRX:066670) Business Description

Industry
Traded in Other Exchanges
N/A
Address
57-2, Singeonji-Dong, Anseong, Gyeonggi, KOR, 456-370
Display Tech Co Ltd is a South Korea-based company engaged in the development and manufacture of liquid crystal display (LCD) modules for mobile phones. It produces small-sized display modules, color super-twist nematic (CSTN)/ thin film transistor (TFT) LCD modules and others, which are used for mobile phones, personal digital assistants (PDAs), moving picture experts group audio layer-3 (MP3) players, portable multimedia players (PMPs), digital cameras, camcorders and printers. The company mainly supplies its products to mobile phone manufacturers.

DTC Co (XKRX:066670) Headlines

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